Warren Buffett Op-Ed: Please Tax Me More
12:00 pm, August 15th | by Sylvie Krekow
Warren Buffett’s op-ed piece in the New York Times today has an unusual message: he wants Congress to tax him (and his billionaire friends) more.
Whether or not you agree with him, it’s kind of refreshing to hear a mogul talk about wanting to give back and share instead of about how many private jets they have or whether this year’s vacation spot is St. Bart’s or Ibiza. Now we’ve sort of come to expect this sentiment from our lefty-loving Buffett — but we still can’t get over some of the bizarre wording and humble-bragging Buffett does here.
Although he uses phrases like “I checked in with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched,” to make a point about how congress should tax moguls more heavily, it’s kind of annoying to hear about how “untouched” Buffett and all his buddies were in the current economic climate, especially after last week’s up and down stock market.
He reminds us how wealthy he is several times, saying “we mega-rich continue to get our extraordinary tax breaks” and “these and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species.” You’re a fabulously wealthy spotted owl. Sure. Then why doesn’t Al Gore like you more?
To his credit, he wraps up the piece by writing “My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.”
Now that’s a populist sentiment that’s hard to argue with… right?